Former SEC Chair Jay Clayton has expressed concerns about the current situation with GameStop (GME), stating that it bothers him and questioning whether the U.S. government should intervene. Clayton emphasized that the trading activity surrounding GameStop seems more like gambling than investing and suggested that the SEC might need to consider halting trading in GameStop, as noted by Dave Lauer. The stock has seen significant pre-market activity, with GME up 122%. Clayton's comments have sparked discussions about the legality and appropriateness of the current market behavior, including similar concerns about AMC.
The SEC chair Jay Clayton said GameStop bothers him. 😂 https://t.co/mQFeLIojMJ
BREAKING: Former SEC Chair Jay Clayton says he is bothered by the GameStop $GME situation and is questioning whether the U.S. government should get involved. https://t.co/V4PZynoV4B
Former SEC Chair Jay Clayton on $GME and $AMC, "Is this something we should be tolerating in our markets? Whether it is legal or illegal, I don't think so." https://t.co/cgkq0rZzWR
Former SEC Chair Jay Clayton says Gamestop, craze "bothers me and it's certainly not investing." $GME https://t.co/8SWDgDRvIr
JUST IN: Trump's SEC Chair has argued SEC should halt trading in GameStop, $GME, per Dave Lauer.
Former SEC Chair Jay Clayton says he's bothered by the GameStop $GME situation. He's also questioning whether the US government should get involved. What do you think about this? https://t.co/Y8S0wt6VAC
BREAKING: Jay Clayton, the former head of the SEC, just said that the GameStop situation bothers him. He questioned whether the government should intervene in $GME trading. Concerned that current trading was gambling, not investing. $GME is up 122% in pre-market trading. https://t.co/3EUtRg3slc
JUST IN 🚨: Former SEC Chair Jay Clayton says he is bothered by the GameStop $GME situation and is questioning whether the U.S. government should get involved https://t.co/4oFh50J6g9
JUST IN: Former SEC Chair Jay Clayton says Gamestop, $GME, craze "bothers me and it's certainly not investing." He questions weather the government should be allowed to intervene right now. Is the government getting ready to intervene here? https://t.co/H1RTvnOwaj
Jay Clayton , former SEC head, questions whether the government should allow what's happening with GME right now.. @SquawkCNBC
Hey @GaryGensler, the SEC is a joke and you are a fraud. You know it, we know it, even your sons and daughters know it, and their kids do too. 🤡 https://t.co/sPpPReJiGa
🚩 $GME 110% 🚨Hey, @GaryGensler and @SECGov—color me naïve, but isn't your job to take regulatory action against anyone pumping STOCKS? The @SECGov must INVESTIGATE crap like this. Remember SEC V. Craig? , SEC v. McKeown, and Ryan where the SEC managed to do its JOB. or… https://t.co/SKfmg1UbeM
This is how @GaryGensler and the SEC are trying to destroy the crypto industry. They make it impossible to comply with registration rules Since the SEC decided to litigate to regulate rather than make any effort to increase compliance, if I get an investment opportunity… https://t.co/W7K2bpeJED